U.S. Energy Department Announces $225 Million Program to Encourage Adoption of Efficient Building Codes

U.S. Energy Department Announces Conditional Commitment of Over $300 Million to Thermal Energy Storage Company

Climate Change and Emissions, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS

The U.S. Energy Department on Dec. 9 announced a conditional commitment for a loan guarantee of up to $305.54 million for Nostromo Energy’s Project IceBrick, which involves thermal energy storage installations at commercial buildings in California. During its lifetime, the project could help California’s commercial buildings avoid around 500,000 tonnes of carbon emissions. Once operating…...

fuel market

California Fuel Market Faces Challenges Following New Regulations and Refinery Closure: EIA

EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Oil, PRODUCTS

The U.S. Energy Information Administration issued a report on Dec. 9 discussing the ongoing challenges in California’s fuel market following the enactment of a new law granting regulators authority over petroleum inventory levels, along with the announced closure of Phillips 66’s Wilmington refinery. California Governor Gavin Newsom signed a bill into law on Oct. 14…...

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U.S. Treasury Finalizes Investment Tax Credit Rules

Climate Change and Emissions, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Solar, Wind

The U.S. Department of the Treasury and the Internal Revenue Service have released final rules for the Section 48 Investment Tax Credit, or ITC, providing clarity and certainty for clean energy development to pursue major investments. The final rules clarify specific issues relating to offshore wind, hydrogen storage, co-located energy storage, and  geothermal heat pumps…....

rggi 66

RGGI Carbon Auction Prices Fall by 22 Percent

Carbon Market, Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS

The 66th quarterly carbon auction of the Regional Greenhouse Gas Initiative, or RGGI, the nation’s first market-based emissions regulation program, sold nearly 16 million CO2 allowances at a clearing price of $20.05, according to results released on Dec. 6. The auction generated nearly $320 million bringing total proceeds to about $8.6 billion. The latest clearing…...

EnerKnol Research PU Visual Primer Distributed Solar 2024 12 10 Blog preview

Visual Primer: U.S. States Ramp Up Efforts to Modernize Distributed Solar Programs

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Integrated Resource Plans, PRODUCTS, REC Feed, Renewables, Solar, Solar Power

States across the U.S. are taking significant steps to improve distributed solar programs. These initiatives aim to ease access, streamline operations, and address customer needs while supporting broader clean energy goals.

Energy Department Light Bulb Standards

Michigan’s Winter Energy Report Projects Higher Natural Gas Use Driven by Demand for Power Generation

EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Natural Gas, Oil, PRODUCTS, Retail Power and Gas

The Michigan Public Service Commission’s 2024-2025 Winter Energy Appraisal, released on Dec. 5, forecasts a rise in electricity demand among residential and commercial customers. While natural gas demand for residential heating is expected to remain steady, overall demand is projected to rise due to higher usage for electricity generation. Overall electricity demand is projected to…...

Transmission requirements

District of Columbia Initiates Integrated Distribution System Planning Proceeding for Electric Utilities

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Grid Modernization, PRODUCTS, Retail Power and Gas

The District of Columbia Public Service Commission on Dec. 4 launched a proceeding to initiate an Integrated Distribution System Planning, or IDSP, process to proactively prepare the electric grid to support the demands of the clean energy transition and integrate distributed energy resources such as solar power and energy storage. The commission issued a draft…...

New Jersey Examines Resource Adequacy Alternatives to Advance Clean Energy Goals

U.S. Agriculture Department Announces $194 Million for Economic Development and Clean Energy Projects in Rural Communities

Climate Change and Emissions, Electric Transmission, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Solar, Wind

The U.S. Department of Agriculture on Dec. 4 announced $194 million in grants and loans through its Rural Partners Network, or RPN, to fund family farms, small businesses, infrastructure and clean energy in underserved rural and tribal communities across 14 states and Puerto Rico. The projects will help these communities address immediate challenges and facilitate…...

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U.S. Energy Department Closes $303.5 Million Loan Guarantee to Eos Energy Enterprises to Develop Long-Duration Batteries

Climate Change and Emissions, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS

The U.S. Energy Department on Dec. 3 announced the closing of a $303.5 million loan guarantee to EoS Energy Enterprises to fund the construction of two innovative and efficient production lines that will be capable of producing enough stationary batteries to fulfil the yearly electricity requirements of around 130,000 households. The financing will help Eos…...

EV and Hybrid

U.S. Electric and Hybrid Vehicle Sales Reach Record High in Q3 2024: EIA

Climate Change and Emissions, Electric Vehicles, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS

U.S. sales of hybrid, plug-in hybrid, and battery electric vehicles rose from 19.1 percent of total new light duty vehicles sales in the second quarter of this year to a record 21.1 percent in the third quarter, according to a Dec.4 report published by the U.S. Energy Information Administration. The increase in electric vehicle sales…...